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Fluence Energy, Inc. (FLNC) EV/Sales Ratio: 1.08x

popular:market cap|pe ratio|revenue|price history|total return

Is Fluence Energy, Inc.’s EV/Sales ratio high or low?

Fluence Energy, Inc.'s EV/Sales ratio of 1.08x is in line with its 5-year average of 1.04x, around the middle of its 5-year range (0.00x–2.71x).

As of Wednesday, June 24, 2026. 7.13% above its 12-month average of 1.01x.

EV/EBITDA|P/S Ratio|Revenue|All Metrics
FLNC EV/Sales Ratio

FLNC EV/Sales Ratio Chart

1.08x
+350.00% 1Y
FLNC EV/Sales Ratio

FLNC Average EV/Sales Ratio Chart

FLNC EV/Sales Ratio

FLNC Current vs Average EV/Sales Ratio Chart

FLNC EV/Sales Ratio Metrics

EV/SALES RATIO

1.08x

EV/SALES RATIO AVG TTM

1.01x

EV/SALES RATIO AVG 3Y

0.98x

EV/SALES RATIO AVG 5Y

1.04x

EV/SALES RATIO AVG 10Y

N/A

EV/SALES RATIO AVG 15Y

N/A

EV/SALES RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

+7.13%

CURRENT VS 3Y AVG

+10.27%

CURRENT VS 5Y AVG

+4.19%

CURRENT VS 10Y AVG

N/A

CURRENT VS 15Y AVG

N/A

CURRENT VS 20Y AVG

N/A

FLNC Competitors' EV/Sales Ratio

NAMEMARKET CAPEV/SALES RATIOTTM3Y5Y
Fluence Energy, Inc. (FLNC)$3.91B1.08x1.01x0.98x1.04x
Black Hills Corporation (BKH)vs ›$5.62B4.47x4.14x3.78x3.96x
UGI Corporation (UGI)vs ›$7.44B1.91x1.98x1.71x1.72x
Clearway Energy, Inc. (CWEN-A)vs ›$8.31B9.72x9.06x8.26x8.53x
The AES Corporation (AES)vs ›$10.48B3.20x3.20x3.07x3.11x
Brookfield Renewable Partners L.P. (BEP)vs ›$10.75B7.07x6.90x6.67x6.91x
Pinnacle West Capital Corporation (PNW)vs ›$12.61B5.13x4.93x4.42x4.35x
Talen Energy Corporation (TLN)vs ›$18.70B5.38x8.57x6.10x6.10x
Alliant Energy Corporation (LNT)vs ›$19.26B7.02x6.78x6.16x6.04x
Evergy, Inc. (EVRG)vs ›$19.56B5.98x5.61x5.00x4.89x

Understanding EV/Sales

Enterprise Value (EV) = Market Cap + Total Debt - Cash

Sales = Total Revenue (TTM)

EV/Sales is commonly used because:

  • It works for unprofitable companies where P/E doesn't apply
  • Revenue is harder to manipulate than earnings
  • It supports comparisons across companies at different profitability stages
  • It is frequently used for software and other revenue-growth-focused companies

Note: EV/Sales does not include margin, debt maturity, cash conversion, or growth durability by itself.

Fluence Energy, Inc. EV/Sales Ratio Formula & Definition

EV/Sales = Enterprise Value / Revenue (TTM)

Enterprise value to sales compares total company value to revenue, useful across capital structures and for unprofitable companies.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Fluence Energy, Inc. EV/Sales Ratio FAQ

What is the EV/Sales ratio for Fluence Energy, Inc. (FLNC)?
The EV/Sales ratio for FLNC stock is 1.08x.
Is Fluence Energy, Inc.'s EV/Sales ratio high or low?
Fluence Energy, Inc.'s EV/Sales ratio of 1.08x is in line with its 5-year average of 1.04x, around the middle of its 5-year range (0.00x–2.71x).
What is the TTM average EV/Sales ratio for Fluence Energy, Inc. (FLNC)?
The TTM average EV/Sales ratio for FLNC stock is 1.01x.
What is the 3Y average EV/Sales ratio for Fluence Energy, Inc. (FLNC)?
The 3Y average EV/Sales ratio for FLNC stock is 0.98x.
What is the 5Y average EV/Sales ratio for Fluence Energy, Inc. (FLNC)?
The 5Y average EV/Sales ratio for FLNC stock is 1.04x.

Fluence Energy, Inc. EV/Sales Ratio History

DATEEV/SALES RATIO
2026-06-231.08x
2026-06-221.28x
2026-06-181.26x
2026-06-171.19x
2026-06-161.22x
2026-06-151.23x
2026-06-121.21x
2026-06-111.24x
2026-06-101.10x
2026-06-091.19x
2026-06-081.23x
2026-06-051.17x
2026-06-041.38x
2026-06-031.27x
2026-06-021.42x
2026-06-011.38x
2026-05-290.96x
2026-05-281.09x
2026-05-271.08x
2026-05-261.09x
2026-05-221.09x
2026-05-211.03x
2026-05-200.96x
2026-05-190.91x
2026-05-180.99x
2026-05-151.06x
2026-05-141.07x
2026-05-131.12x
2026-05-121.08x
2026-05-111.28x
2026-05-081.23x
2026-05-070.96x
2026-05-060.69x
2026-05-050.63x
2026-05-040.61x
2026-05-010.60x
2026-04-300.60x
2026-04-290.59x
2026-04-280.61x
2026-04-270.66x
2026-04-240.67x
2026-04-230.67x
2026-04-220.67x
2026-04-210.63x
2026-04-200.63x
2026-04-170.67x
2026-04-160.75x
2026-04-150.76x
2026-04-140.74x
2026-04-130.68x
2026-04-100.69x
2026-04-090.68x
2026-04-080.65x
2026-04-070.66x
2026-04-060.66x
2026-04-020.66x
2026-04-010.65x
2026-03-310.69x
2026-03-300.65x
2026-03-270.71x
2026-03-260.75x
2026-03-250.82x
2026-03-240.81x
2026-03-230.77x
2026-03-200.76x
2026-03-190.80x
2026-03-180.80x
2026-03-170.83x
2026-03-160.84x
2026-03-130.82x
2026-03-120.82x
2026-03-110.86x
2026-03-100.85x
2026-03-090.79x
2026-03-060.74x
2026-03-050.79x
2026-03-040.79x
2026-03-030.75x
2026-03-020.76x
2026-02-270.78x
2026-02-260.81x
2026-02-250.82x
2026-02-240.83x
2026-02-230.80x
2026-02-200.83x
2026-02-190.83x
2026-02-180.87x
2026-02-170.89x
2026-02-130.93x
2026-02-120.88x
2026-02-110.88x
2026-02-100.95x
2026-02-090.98x
2026-02-060.98x
2026-02-050.95x
2026-02-041.47x
2026-02-032.50x
2026-02-022.39x
2026-01-302.38x
2026-01-292.45x
2026-01-282.40x
2026-01-272.19x
2026-01-262.08x
2026-01-232.07x
2026-01-222.09x
2026-01-212.02x
2026-01-201.95x
2026-01-162.08x
2026-01-151.95x
2026-01-141.72x
2026-01-131.81x
2026-01-121.77x
2026-01-091.76x
2026-01-081.60x
2026-01-071.55x
2026-01-061.65x
2026-01-051.68x
2026-01-021.75x
2025-12-311.48x
2025-12-301.49x
2025-12-291.50x
2025-12-261.52x
2025-12-241.49x
2025-12-231.47x
2025-12-221.54x
2025-12-191.50x
2025-12-181.44x
2025-12-171.38x
2025-12-161.61x
2025-12-151.63x
2025-12-121.68x
2025-12-111.97x
2025-12-101.81x
2025-12-091.82x
2025-12-081.73x
2025-12-051.82x
2025-12-041.77x
2025-12-031.49x
2025-12-021.50x
2025-12-011.45x
2025-11-281.47x
2025-11-261.42x
2025-11-251.24x
2025-11-241.17x
2025-11-211.14x
2025-11-201.14x
2025-11-191.24x
2025-11-181.26x
2025-11-171.27x
2025-11-141.32x
2025-11-131.20x
2025-11-121.42x
2025-11-111.54x
2025-11-101.62x
2025-11-071.54x
2025-11-061.47x
2025-11-051.53x
2025-11-041.42x
2025-11-031.54x
2025-10-311.56x
2025-10-301.52x
2025-10-291.50x
2025-10-281.34x
2025-10-271.39x
2025-10-241.44x
2025-10-231.18x
2025-10-221.12x
2025-10-211.20x
2025-10-201.36x
2025-10-171.36x
2025-10-161.45x
2025-10-151.59x
2025-10-141.36x
2025-10-131.17x
2025-10-100.96x
2025-10-091.10x
2025-10-081.10x
2025-10-071.02x
2025-10-061.13x
2025-10-031.02x
2025-10-020.96x
2025-10-010.99x
2025-09-300.79x
2025-09-290.84x
2025-09-260.87x
2025-09-250.86x
2025-09-240.82x
2025-09-230.75x
2025-09-220.78x
2025-09-190.68x
2025-09-180.58x
2025-09-170.54x
2025-09-160.54x
2025-09-150.54x
2025-09-120.51x
2025-09-110.50x
2025-09-100.49x
2025-09-090.49x
2025-09-080.52x
2025-09-050.55x
2025-09-040.49x
2025-09-030.49x
2025-09-020.50x
2025-08-290.54x
2025-08-280.56x
2025-08-270.53x
2025-08-260.55x
2025-08-250.54x
2025-08-220.55x
2025-08-210.49x
2025-08-200.54x
2025-08-190.57x
2025-08-180.59x
2025-08-150.58x
2025-08-140.55x
2025-08-130.55x
2025-08-120.53x
2025-08-110.67x
2025-08-080.44x
2025-08-070.43x
2025-08-060.39x
2025-08-050.40x
2025-08-040.40x
2025-08-010.36x
2025-07-310.38x
2025-07-300.38x
2025-07-290.39x
2025-07-280.42x
2025-07-250.45x
2025-07-240.45x
2025-07-230.45x
2025-07-220.49x
2025-07-210.45x
2025-07-180.42x
2025-07-170.38x
2025-07-160.38x
2025-07-150.39x
2025-07-140.37x
2025-07-110.38x
2025-07-100.40x
2025-07-090.41x
2025-07-080.39x
2025-07-070.37x
2025-07-030.39x
2025-07-020.34x
2025-07-010.33x
2025-06-300.30x
2025-06-270.27x
2025-06-260.27x
2025-06-250.27x
2025-06-240.25x
2025-06-230.24x
2025-06-200.25x
2025-06-180.23x
2025-06-170.24x
2025-06-160.20x
2025-06-130.20x
2025-06-120.19x
2025-06-110.20x
2025-06-100.20x

Showing the most recent 260 of 1,082 data points. The chart above shows the full history.

Related Metrics

EV/EBITDAP/S RatioRevenueAll Metrics

About Fluence Energy, Inc.

Fluence Energy, Inc. (FLNC) is a global provider of sophisticated energy storage systems and AI-powered digital applications, specifically designed for renewable energy integration and overall storage optimization. The company's core offering encompasses integrated energy storage products, blending advanced hardware, proprietary software, and intelligent digital controls. Alongside these products, Fluence delivers comprehensive services, including expert engineering and deployment support, ongoing operational maintenance, and a flexible 'energy storage-as-a-service' model. They also develop standalone digital tools and applications. Key among its product portfolio are solutions like Gridstack, an industrial-grade system built for large-scale grid applications; Sunstack, engineered to maximize the efficiency of solar energy capture and distribution; and Edgestack, a commercial-focused solution designed to manage energy loads and smooth demand peaks for businesses. Fluence serves a diverse client base, including major utilities, renewable energy developers, and commercial and industrial enterprises. Established in 2018 and headquartered in Arlington, Virginia, Fluence operates as a joint venture formed by Siemens Aktiengesellschaft and The AES Corporation.

Arlington, VA
1,595 employees
fluenceenergy.com
Utilities / Renewable Utilities
Sector
Utilities
Industry
Renewable Utilities
CEO
Julian Jose Nebreda Marquez
View full financials